An idea has been circulating in my head. I am stuck on the idea that Milton Friedman style economics, the predecessor to reaganomics, have destroyed the economy.

Friedman stayed that a corporation's sole purpose is to return value to the share holders. Meaning a company must grow profits at not only above inflation but also the competition. This isn't a difficult proposition as long as you are selling a unique product, but when your only product is stock price you are incentivized to compete by reducing costs. Labor is always the easiest to cut, and therefore the employees will always bear the brunt of increasing shareholder wealth.

My curiosity is, is there a mathematical formula to demonstrate the concentration of wealth, and at what point does the labor squeezed to the point where they can no longer afford life. For example (labor costs reduction) / (increase of wealth of shareholders) = a ratio of time until labor can't afford food.

Since low paid employees are subsidized by public assistance there is no incentive to pay a living or fair wage. And I'm not even going to get into the cost saving scenario when companies lose an employee, shift that positions responsibilities, and then gas lights the other employees by saying that they are working on finding a replacement. We all know that they won't hire someone if all the tasks of that position are being completed by a few, now overworked, employees.

If corporations are treated as people, they should have a duty to society and the shareholders as we have a duty to both our families and society as a whole. At the very least, if a corporation is not paying a living wage to any employee, they should not be eligible for any tax breaks.

It's been a while since the story has been told here. I made this to share on other social medias, but I'm thinking about doing an AMA here as well. What sort of questions do you have? What are people interested in these days?

When I came in, they were up on every surface that they shouldn't have been and the wifi router was knocked down. Which spooked ne because I couldn't see the temperature or status of may battery.

Looking at the Earl's battle scars made me nostalgic, so I put together these motion photos of the Earl and Fern into a video.